Floating LNG technology has undergone a development, qualification and maturing phase over the past 15 years. The successful operation of the first units have demonstrated this technology is available as a reliable new monetisation technology. Especially the Liquefier FLNG Vessels have proven to be robust in operation and can be constructed at low costs with attractive execution schedules.
Since Q4 2018 Delfin has cooperated with Samsung Heavy Industries and Black&Veatch for the development of Newbuild FLNG designs. The parties successfully completed a pre-FEED study in the first half of 2019 and in parallel the partners have been developing a Term Sheet for a Lump-Sum, Turnkey Engineering, Procurement, Construction, Installation and Commissioning contract (“LSTK EPCIC”) for the construction and completion of the Newbuild FLNG Vessel. Currently, Delfin is continuing front-end engineering and design work with SHI and Black&Veatch and the partners are on-track for completion of the work, including a fully termed LSTK EPCIC by the middle of 2020.
Through cooperation with partners Delfin LNG has a complete FLNG Vessel design based on a conversion concept. Having a completed FEED design, the company is working with shipyards to develop the conversion plan and contracting structure as an alternative FLNG solution for the 4 to 6 FLNG Vessel slots.
Both the Newbuild and the Conversion FLNG Vessels are designed with the PRICO liquefaction technology and have nameplate capacities up to 3.5 MTPA.
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